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Production Budget Production Budget begin{tabular}{|c|c|c|c|} hline April & May & Quarter hline & & & hline & & & hline & &

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Production Budget Production Budget \begin{tabular}{|c|c|c|c|} \hline April & May & Quarter \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Down Under Products, Limited, of Australia has budgeted sales of its popular boomerang for the next four months as follows: The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 20% of the following month's unit sales. The inventory at the end of March was 16,800 units. Required: Prepare a production budget by month and in total, for the second quarter

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